Recording industry giant Universal Music Group said Thursday it had struck a licensing deal with AI music generation startup Udio, in an industry-first tie-up aiming to launch an AI creation platform next year.
Universal and Udio said in a statement that their platform, as yet unnamed, will be powered by new cutting-edge generative AI technology that will be trained on authorized and licensed music.
They added that they had settled an outstanding copyright infringement case, without specifying the financial terms.